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Le Sud Retailers has a current return on investment of 10% and the company has...

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Accounting

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Le Sud Retailers has a current return on investment of 10% and the company has established an 8% minimum rate of return for the division. The division manager has two investment projects available, for which the following estimates have been made: Project A - Annual controllable margin $24,000, operating assets $400,000 Project 8-Annual controllable margin $60,000, operating assets $550,000 Which project should be funded? Both projects Project A Project B Neither project

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